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Evening digest: Tech companies layoffs, oil surge rattle markets

Investing

Dow Jones falls 179 pts as oil surge, tech slump hit stocks

Investing

Intel stock soars on Q1 earnings, but further gains lie ahead

Investing

Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

Investing

Meta to cut 10% workforce as AI spending surge drives overhaul

Investing

Microsoft offers buyouts to 7% US staff amid AI spending surge

Investing

Lululemon stock: why markets seem to dislike its new CEO

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Categories Editor's Pick

Trump admin urges restoring ballroom construction in emergency motion: ‘Time is of the essence’

April 5, 2026

The Trump administration filed an emergency motion to restore White House ballroom reconstruction, warning “time is of the essence” and saying President

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Categories Editor's Pick

Tax day is next week: Avoid these 5 common mistakes that can cost you money

April 5, 2026

Tax season is stressful enough, but avoidable mistakes can turn a routine filing into an expensive headache. With Tax Day just 10 days

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Categories Investing

Top-rated AI stocks for April 2026: 3 picks analysts refuse to ignore

April 5, 2026

Artificial intelligence investing still tends to begin with the same familiar names.Nvidia, Microsoft and other mega-caps still dominate the conversation, and it

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Categories Investing

Palantir’s AI edge shines, but is its sky-high valuation a risk?

April 5, 2026

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Categories Investing

India’s AC boom isn’t here yet: why cooling stocks are lagging

April 5, 2026

Despite scorching summers and rising temperatures across India, air conditioner makers like Voltas and Blue Star have struggled to translate long-term potential

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Categories Investing

Foxconn Q1 revenue jumps 29.7% on AI demand

April 5, 2026

Taiwan's Foxconn, the world's largest contract electronics manufacturer, reported a sharp rise in first-quarter revenue. The strong numbers were supported by surging

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Categories Editor's Pick

ICE arrests relatives of slain Iranian general Soleimani living in US after Rubio revokes their green cards

April 4, 2026

Two relatives of slain Iranian Revolutionary Guard Corps Maj. Gen. Qasem Soleimani living in Los Angeles were taken into custody by federal

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Categories Editor's Pick

Trump unveils $1.5T defense surge, deep domestic cuts — what’s on the budget chopping block

April 4, 2026

The White House on Friday proposed a sweeping fiscal year 2027 budget that would dramatically increase military spending to roughly $1.5 trillion

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Categories Editor's Pick

Child of Chinese illegal immigrants charged with planting explosive at US military base

April 4, 2026

The Department of Homeland Security revealed that a suspect who fled to China after allegedly planting a deadly explosive device at a

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Categories Editor's Pick

Mike Rowe doubles down after blasting Kimmel’s ‘tone-deaf’ plumber jokes

April 4, 2026

After being scorned on social media, “Dirty Jobs” television show veteran Mike Rowe doubled down on his criticism of Jimmy Kimmel’s “tone

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    Evening digest: Tech companies layoffs, oil surge rattle markets

    Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical...

    #

    Dow Jones falls 179 pts as oil surge, tech slump hit stocks

    US stocks pulled back on Thursday, pressured by weakness in software shares and a sharp rise in oil...

    #

    Intel stock soars on Q1 earnings, but further gains lie ahead

    Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant...

    #

    Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

    Oklo shares rose on Thursday after the company announced a partnership with Nvidia, marking its...

    #

    Meta to cut 10% workforce as AI spending surge drives overhaul

    Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as...

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    Microsoft offers buyouts to 7% US staff amid AI spending surge

    Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States,...

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